Audi's asset
Audi

@audi.com

German automotive manufacturer.

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Audi is a German automobile manufacturer headquartered in Ingolstadt, Germany. The company has a rich history that dates back to its foundation in 1910 by August Horch. Initially, Horch created Horch Automobil-Werke, which later merged with Audiwerke in 1932 to form Auto Union.


However, after World War II, Auto Union faced financial troubles and merged with NSU Motorenwerke AG in 1969, giving birth to Audi as we know it today. Audi's headquarters in Ingolstadt serves as the center for its global operations. The company is renowned for its premium cars that combine luxurious design, cutting-edge technology, and high performance.


Its main product lineup consists of sedans, SUVs, sports cars, and electric vehicles. Audi also offers various services, including financing options, car insurance, and maintenance packages. On a global scale, Audi has a widespread presence and operates through numerous subsidiaries, joint ventures, and partnerships.


Some notable subsidiaries include Lamborghini, Ducati, and Italdesign. Audi has also formed joint ventures with Chinese automobile manufacturers, such as FAW Group and SAIC Motor, in order to tap into the lucrative Chinese market. In terms of market position, Audi is one of the leading luxury car brands worldwide.


It competes with other German manufacturers, including BMW and Mercedes-Benz. Despite facing tough competition, Audi has consistently reported strong sales. In 2020, it delivered over 1.


7 million vehicles globally, marking a slight decrease compared to the previous year due to the COVID-19 pandemic. Over the years, Audi has achieved several milestones and implemented significant changes in its product lineup and strategy. Notably, the company has been focusing on expanding its electric vehicle offerings to align with the growing demand for sustainable mobility.


The introduction of models like the Audi e-tron and upcoming Audi Q4 e-tron exemplify this commitment. Currently, Audi continues to be a key player in the global automotive industry. It is investing heavily in electric mobility and digitalization to shape the future of mobility.


Audi's latest updates include the launch of the Audi e-tron GT, a high-performance electric vehicle, and the announcement of its plans to become a carbon-neutral company by 2050. In conclusion, Audi is a prominent German automaker known for its premium cars and commitment to innovation. With its global presence, extensive product lineup, and focus on sustainability, Audi is well-positioned to maintain its success in the competitive luxury car market

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